Australian Newsagency Blog

A blog on issues affecting Australia's newsagents, media and small business generally.

Instant asset write off scope expanded

Mark Fletcher
January 29th, 2019 · No Comments

The Prime Minister has announced plans today to seek parliamentary approval for an expansion of the instant asset write opportunity for small business – extending it to June 2020 and increasing the invoice cap from $20,000 to $25,000.

This is a good move for businesses engaged in capital investment in their businesses.

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Category: Newsagency management

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